FUNDING STRATEGIES FOR CANCER TREATMENTS

Treating a serious disease like cancer can really be costly and unfortunately many medical insurance companies will not fund natural treatments like what we offer at the Budwig Center.

Most people that are low on funds can get help from family and friends. At the Budwig Center we have put together special Home Care programs that start as low as €950 ($1200), which should not be too difficult to manage with the help of friends or family. However, in addition to that option, there are several good strategies that we can suggest that can help you with the costs

Home Mortgage

First, if you own a home or apartment, you may be able to take out a mortgage or extend your mortgage to obtain some funds.

Financing

If you live in North America, you may be able to opt to use 0 percent or low-interest credit cards to get treatments started. Companies like Care Credit have 12-month interest-free options available.

Networking

GoFundMe is an option. Also, patient advocates have held yard sales, bake sales, and other fund-raising events. There should be no shame on the part of a cancer patient asking for financial help.

No donation is too large or small. All donations are a gift of love. It’s amazing to find that $20 multiplied by so many hands can cover treatment costs.

Many patients are happily surprised to find there are many charitable people just waiting for an opportunity to help. Others seek out foundations or grants for treatments. We encourage you to research what may be available in your local area.

You can find several other similar funding sites by clicking on this link

https://www.crowdfunding.com/
https://www.impactguru.com/cancer-crowdfunding

43 different ideas of how to raise funds go to this site:

https://blog.fundly.com/fundraising-ideas-for-cancer/

Life Insurance

Another clever way to raise funds for your alternative cancer treatments is to cash in your life insurance policy

Learn more about viaticals, life settlements, life insurance loans

Viatical settlements involve the sale of your life insurance policy once you have become chronically ill. These corporations will buy a whole life policy or term life policy, Group policy, FEGLI policy, Universal life policy, or other types of life insurance policies that can be converted into whole life. Companies will buy these policies, for example, at 50, 70 percent of the face value of the whole life value.

With this system a cancer patient can receive anywhere between 50 to 70 percent of the face value of their life insurance policy. Of course, you do not have to see your life insurance policy but only what is needed to cover your health care costs.

One organization offering this is Abacus. If you have a $75,000 life insurance policy, you may qualify to receive up to 50 percent of your policy’s death benefit today. You will never be required to make loan payments or incur out-of-pocket expenses.

Organizations providing Reverse Life Insurance make their money by keeping the balance of your insurance policy upon your passing. Seek professional counsel to determine if this choice is right for you.

This option is available in North America and there may be similar schemes in Europe and other parts of the world.